Thursday, December 4, 2008

http://sports.espn.go.com/nba/news/story?id=3711665

This article is about the owner of the NBA Franchise, the Dallas Mavericks. The Securities and Exchange Commission has accused him of insider trading. Cuban had told his broker to sell his shares of Momma.com, after he hadreceived information from their CEO. The CEO told him about a stock offer that would dilute the value of their stocks. Cuban's had share of the company valuing over 750,000 dollars. He was able to sell his shares before the fall in their value, therefore he avoided almost a million dollar loss. Cuban who was heavily pursuing buying the Chicago Cubs, a Major League Baseball franchise, drastically hurt his chances of buying the team. Even if not convicted his accusations will taint his image. The SEC is not pursuing any jail-time for Cuban but they are pursuing large fines adding up to 3 million dollars.

Thursday, October 23, 2008

http://www.bloggingstocks.com/2008/10/25/makeover-needed-mattel/

This article deals with the United States company, Mattel. Mattel was made in California and produces many children's toys such as Barbie, HotRods, and American Girl. In 2002, Mattel shut down its last factory in the US. They decided to outsource their factories and work to China. How is it ok that they left Americans without jobs? And if they are to produce toys played by American children, how is it ok that they are being made in China? The decision to outsource came back to bite them. In the summer of 2007, Mattel had a series of recalls of chinese made toys that contained lead paint. This hurt Mattel's image and they are still fighting to recover from this problem. Choosing to outsource lead Mattel to follow the narrow view of corporate responsiblity. They were trying to make profits for themselves. This ended up hurting their company. Is it ethical that they continued to make products in China after they had a series of recalls. Was there decision immoral because they knew what was right and wrong but still chose to produce those products in China?

Wednesday, October 1, 2008

http://blog.wired.com/wiredscience/2007/08/beating-the-us-.html

http://blog.wired.com/wiredscience/2007/08/beating-the-us-.html

Beating the United States in Nanotechnology

This blog is about the teachings of stem cell research in schools and the technology behind what goes into creating stem cells. It is saying that it was the United States plan to invest in stem cell research and now other countries such as Singapore, Twaiwan, and Israel are quickly following. The research done is those coutnries have out done the United States. In the United States politicans are debating whether it is ethical to teach about stem cell research. I know there was more debate about this about a year ago, but it still poses the question of whether it is ethical or not. I also know this doesn't fall hand in foot with the class lectures, but I found it interesting. I believe that it is ethical and it should be taught. This also brings up the idea of whether creationism should be taught.

Thursday, August 21, 2008

http://www.foxbusiness.com/story/markets/economy/madd-mixture-beer-gasoline-money/

MADD(Mothers Against Drunk Driving) pushes back a bill in the NY legislature which would prohibit the sale of beer at gas stations. While they seem to stand on the high ground of dont drink and drive they are also a group who gets funding from companies who have major intrest in just such an association. How do you get caught in a situation like this when your loudly voiced moral prospective is in total contridiction to just such a company and then hold up legislature which in principle would be in perfect line with your views.